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    1050 Stainton Drive & 1055 Forestwood Drive

    Stainton Drive Condos
    4for Sale
    0for Rent

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    4
    Number of Units:
    100
    Condo Completion:
    1972
    Condo Demand:
    High
    Unit Size Range:
    880 - 1,499 SQFT
    Unit Availability:
    Medium
    Property Management:

    Listing History for Stainton Drive Condos

    Receive listing updates for Erindale

    Amenities

    Bike Storage
    BBQs Allowed
    Indoor Parking
    Indoor Pool
    Party Room
    Rec Room

    Maintenance Fees

    Included
    None
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    About 1050 Stainton DriveStainton Drive Condos

    Anyone who’s seeking a Mississauga condo for sale should definitely consider Stainton Drive Condos at 1055 Forestwood Drive, 1050 Stainton Drive. a developer completed this building back in 1972, but unlike other buildings of that age, maintenance fees are actually quite reasonable at $0.67 per-square-foot. The building is 4 storeys tall and is home to 100 suites. Units start at 880 square feet on the low end, and can go up to 1499 square feet.

    This condo has a Walk Score of 72 and a high demand ranking, based on Strata.ca’s analytics. Maintenance fees are $0.67 per-square-foot, which is lower than the neighbourhood average of $0.72 per-square-foot.

    The Suites

    On average, units at 1055 Forestwood Drive, 1050 Stainton Drive sell -0.32% below the list price, and units have a medium chance of receiving multiple offers (aka a “bidding war”). The average cost per-square-foot in the condo (based on past 12 months of sales) is $449 and units sell with 17 days on market on average. Over the past 12 months, 13 have sold and 2 have have been rented here.

    The Neighbourhood

    Living here means you’re just a 5-minute walk from Berto's Restaurant, THE BURGER BROS (DUNDAS) and Song's Kitchen, making it easy to dazzle your taste buds without much effort. Erindale has plenty to offer coffee enthusiasts, with great cafes like French Corner Patisserie and McDonald's.

    Grocery pick-ups are made easy thanks to FreshCo within a 7-minute walk.

    Residents here can stop by BMO Bank of Montreal on their way home from work, so they can take care of their financial needs.

    Everyone can benefit from sunshine and Vitamin D, so you’ll love to know that Woodlands Meadows Park, Woodlands Meadow's Park and Glen Erin Woodlands Park are less than 15 minutes walking distance from 1055 Forestwood Drive, 1050 Stainton Drive.

    Like to shop? Everything you need is close by when you live at 1055 Forestwood Drive, 1050 Stainton Drive, including Westdale Mall, Value Mobile and Westdale Lottery which are only 6 away.

    Art and culture seekers can enjoy amazing attractions nearby like Lilly Of The Valley 2000 Art Gallery, less than 8 minutes walking distance from here.

    Stainton Drive Condos is a short drive away from St. Gerard Elementary School, St. Jerome Separate School and Meadow Green Academy, giving you plenty of choice for your child’s education. Families with older children will be happy to know that The Woodlands School - Secondary, St Martin Secondary School and Canadian Higher Learning Academy can be reached by car in under 3 minutes.

    Transportation

    Residents have transit options in the Erindale neighbourhood; A light transit stop at Erindale Station Rd South Of Forestwood Dr can carry you to your destination in no time at all. Those who live in the area can easily drive to Kipling, just 35 minutes from the building.

    If you’re interested in checking out other similar condos within walking distance, you might like 1128 Dundas Street W, 3020 Cedarglen Gate and 1001 Cedarglen Gate.

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    Explore Erindale

    7/10
    Walkability
    It's a 'sometimes you feel like a nut, sometimes you don't' kind of walkability.
    5/10
    Transit
    It's a dice roll — but hey, sometimes you roll a six!
    4/10
    Bikeability
    A perfect balance of challenge and 'Hey, I didn’t know there was a bike shop here!'

    Similar condos

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    8,182
    Average Individual Income
    $58,679
    Average Household Size
    3 persons
    Average Age
    39
    Average Household Income
    $117,812
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    15%
    15 - 19
    1%
    20 - 34
    26%
    35 - 49
    19%
    50 - 64
    21%
    65+
    15%
    Household Income
    $0 - $30,000
    43%
    $30,000+
    30%
    $60,000+
    17%
    $90,000+
    6%
    $125,000+
    1%
    Housing Types & Tenancy
    Detached
    57%
    Semi Detached
    29%
    Duplex
    7%
    Low Rise Apartment
    5%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    78%
    Other
    8%
    Punjabi
    7%
    Tagalog
    2%
    Spanish
    2%
    Hindi
    1%
    Mandarin
    1%
    Urdu
    1%
    Education
    High School
    32%
    University and Above
    23%
    College
    19%
    None
    17%
    Apprenticeship
    4%
    University Below Batchelor
    1%
    Major Field of Study
    Business Management
    23%
    Architecture & Engineering
    21%
    Social Sciences
    13%
    Health & Related Fields
    11%
    Math & Computer Sciences
    6%
    Humanities
    5%
    Personal, Protective & Transportation Services
    4%
    Education
    4%
    Physical Sciences
    3%
    Visual & Performing Arts
    3%
    Agriculture & Natural Resources
    1%

    Maintenance Fees

    Stainton Drive Condos vs The Erindale Area

    Days on Strata

    Units at Stainton Drive Condos spend an average of
    17
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    100%
    of the list price.
    Or in other words, the
    entire list price

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Erindale

    Turnover of Units

    On average, each unit is owned for
    13.4
    YEARS before being sold again

    Property Value

    4%
    Increase in property value within the past twelve months

    Price Ranking

    9th
    Highest price per SQFT out of 26 condos in the Erindale area

    Sold Units

    13
    Units were Sold over the past twelve months

    Rented Units

    2
    Units were Rented over the past twelve months

    Best Value Rank

    Stainton Drive Condos offers the
    ?
    best value out of 26 condos in the Erindale neighbourhood

    Appreciation Rank

    Stainton Drive Condos has the
    ?
    highest ROI out of 26 condos in the Erindale neighbourhood

    Rental Yield

    Stainton Drive Condos yields the
    ?
    highest rent prices out of 26 condos in the Erindale neighbourhood

    High Demand

    Stainton Drive Condos is the
    ?
    most popular building out of 26 condos in the Erindale neighbourhood

    Transaction Insights at 1050 Stainton Drive

    1 Bed + Den2 Bed3 Bed3 Bed + Den
    Price RangeNo Data$438,000 - $460,000$460,000 - $565,000$530,000
    Avg. Cost Per SqftNo Data$389$449$399
    Avg. Wait for Unit AvailabilityNo Data306 Days38 Days173 Days
    Ratio of Units in Building1%11%74%15%

    Unit Sales vs Inventory

    Total number of units listed and sold in Erindale